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China Crypto News

Bitcoin Price Rebounds to $90,000 as China Considers New Economic Stimulus Measures

Bitcoin has experienced significant volatility, trading in a $20,000 range and rebounding from below $80,000 to over $90,000.China is planning monetary stimulus measures that...

Bipartisan Bill Advancing to House Vote Aims to Counter China’s Influence in Wireless Standards

Bipartisan legislation aiming to counter China's dominance in wireless technology standards has advanced to a House vote after committee approval. The bill requires...

Trump Announces March 4 Tariffs on Mexico, Canada, and China, Impacting Stock Futures

Trump announces tariffs on Mexico, Canada, and China to begin March 4, sooner than markets expected.U.S. stock futures trim gains with Nasdaq up 0.6%,...

New Open-Source AI Model Matches China’s DeepSeek with 85% Less Training Data

OpenThinker-32B achieves 90.6% accuracy on MATH500, surpassing DeepSeek's 89.4% with significantly less training data. The model demonstrates superior efficiency, requiring only 114,000 training examples compared...

Trump Imposes Major Tariffs on Canada, Mexico, China; Crypto Markets React

Trump administration implements 25% tariffs on Mexican and Canadian imports, 10% on Chinese goods, citing drug control concerns. Cryptocurrency markets react negatively with Bitcoin dropping...

ByteDance Plans Massive $12B AI Chip Investment Amid US-China Tech Tensions

Financial Times reports ByteDance plans $12 billion AI chip investment for 2025, though the company denies these claims. $5.5 billion allocated for domestic...

Former Bank of China Executive Criticizes Trump’s Bitcoin Reserve Strategy

Former Bank of China executive criticizes Trump's Bitcoin reserve proposal as contradictory to dollar supremacy goals. US Treasury's Foreign Exchange Stability Fund ($206...

China’s Bond Rally Warning Sparks Bitcoin Surge Amid Stimulus Speculation

Bitcoin prices approach $100,000 amid market recovery and anticipation of Chinese monetary policy changes. China's central bank signals potential interest rate cuts from current 1.5%...

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US-China Trade Deal, CZ Pardon, Kyrgyzstan Launches Stablecoin

Scott Bessent, U.S. Treasury Secretary, announced progress on a trade deal framework between the U.S. and China.The framework could...

North Korea Steals $2.84B in Crypto Amid Growing Cyber Threats

North Korea has stolen $2.84 billion in cryptocurrency during 2024.The country runs a large, sophisticated Hacking program comparable to...

US-China Trade Deal Progress Sparks Crypto Market Rally

The US and China have made significant progress on a trade deal framework.The deal may prevent the implementation of...

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